Quote from: cloudfir3e on July 20, 2022, 12:52:34 PM

Quote from: Pejoh Asu on May 22, 2022, 09:12:38 AM

Currently there are more than 19K Cryptocurrencies, of course it is impossible for us to only rely on investment in 1 or 2 coins, if problems occur like Luna will certainly make us cry, the many choices certainly provide great opportunities for us for big profits, and for now I prefer daily trading that is buying new listed coins.

is daily trading with new coins the right thing to do?

according to my personal experience trading on new coins is even more has a high risk.
New coins will usually experience a momentary pump at the time of listing on the crypto market and even then for only a few hours, it can even be said in minutes, after that the coin will immediately experience a very significant decline.
it would be better if you want to trade or invest in a new coin at least wait a few days to get a stable price on the coin.
I also recommend to always analyze the price correctly and find out what project the new coin will do in the future.

Day trading new coins, that's risk on top of risk. Why not invest in projects with a bright future, like MAXX or QUICK, on Polygon and stake or yield farm with them? This should provide more stable returns with less risk.